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VNG Corporation surpasses JD.com after purchasing Tiki's additional shares

Spending over $5.1 million to buy Vietnamese online retailer Tiki's shares, VNG now holds a 29 per cent stake, eight per cent higher than that of the second shareholder JD.com.

Top e-commerce sites cope with accumulated losses despite bright spots of investment

Accumulated losses from leading e-commerce websites such as Lazada, Tiki, Shopee or Sendo are on the sharp rise, mainly due to the high sales expenses and in some cases, high management expenses.

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